Master of International Business is a postgraduate course that focuses on business administration with an international perspective. The duration of the course is 2 years. The main aim of the course study is to educate its participants by giving them an international exposure.

The course study helps the candidate to develop business plans and strategies which are good enough to deal with international issues arising in business. These management and competitive strategies which they study may help them to tackle the competition caused due to increased industrialization. The course helps the candidate to acquire skills and knowledge to do well in global business management. Upon successful completion of the course, the candidate can opt for an exciting, rewarding, and fast-paced career in international market.

Advantages or Benefits of Master of International Business

The main advantage of the course study is that the candidate will get a clear understanding regarding the ways to carry out business in international markets. The postgraduate course allows the candidate to pursue further programs in their interested area of management. The candidates who successfully complete the course can look for good career opportunities not only in India but also in international job markets.

Eligibility required for Master of International Business Course

The candidate who wishes to pursue the master’s course in international business has to satisfy certain eligibility conditions. They should have passed graduation from any of the reputed educational institutions in the country. The student should have scored 50% marks in the qualifying exam in order to undergo the course. The admission to the course is carried out on the basis of the marks obtained in graduation or on the basis of the entrance exam. Most of the colleges conduct their own entrance exam for the purpose where as marks obtained in common entrance test like CAT or MAT are also taken in to account by some institutes.

Application Procedure of Master of International Business Course

The admission details regarding MIB course will be published in the official website of the institution that offer the course. The candidate can collect the details regarding application procedure from here. The application form can be obtained from the concerned website or from the office of the institute. The applicant has to pay an application fee before submitting the application form. This can be done in the form of DD or as cash payment. Once the application form is obtained, it must be filled clearly and must be posted/submitted to the concerned address given in the advertisement.

How to fill application form for Master of International Business Course?

The application form must be filled only after understanding the instruction guidelines for filling the same. This will be given in the information booklet provided along with the application. Important documents must be affixed along with the application before submitting the same.

Specialization Areas under Master of International Business Course

• Financial Management
• Marketing Management
• Human Resource Management
• IT & e-Business
• Entrepreneurship
• Retail Management

Colleges offering Master of International Business Course

• Alliance Business School, Chikkahagade Cross, Chandapur - Anekal Main Road, Anekal, Bangalore, Karnataka
• Biff and Bright College of Technical Education, 18, Ved Vatika, New Sanganer Road, Sodala, Jaipur, Rajasthan
• Dev Bhoomi Institute of Applied Sciences (DBIAS), Manduwala Navgaon Chakrata Road, Dehradun, Uttarakhand
• Dev International College, 135, Ram Kishan Colony, Near Jain Mandir, Kala Kuan, Housing Board, Alwar, Rajasthan
• I.I.S. University, I.C.G. Campus Gurukul Marg SFS Mansarovar, Jaipur, Rajasthan
• ICFAI Foundation for Higher Education (IFHE), IFHE Campus Donthanapally Shankarapalli Road, Hyderabad, Andhra Pradesh
• Indian Academy Centre for Research and Post-Graduate Studies, Hennur Cross, Hennur Main Road, Kalyan Nagar, Bangalore, Karnataka
• Institute of Management Studies, A-8B, I.M.S.Campus, Sector-62, Noida, Uttar Pradesh
• Institute of Media Management and Technology, 6 Indira Nagar near Anurag chowk, Dehradun, Uttarakhand
• International College for Girls, Gurukul Marg, S.F.S., Mansarovar, Jaipur, Rajasthan
• Kurukshetra University, Kurukshetra, Haryana
• Madhya Pradesh Bhoj (Open) University, Kolar Road, Bhopal, Madhya Pradesh
• R.V.S. College of Arts and Science, 242- B Trichy Road Sulur, Coimbatore, Tamil Nadu
• S.N.R. Sons College, Coimbatore, Tamil Nadu
• Sharda College of Management & Technology, 392- Avas Vikas Colony, Ranipur, Haridwar, Uttarakhand
• Sri Jayendra Saraswathy Maha Vidyalaya College of Arts and Science, 182, SIHS Colony Road Singanallur, Coimbatore, Tamil Nadu
• St. Josephs College of Commerce (Autonomous), No 163, Brigade Road,Bangalore, Karnataka
• The Oxford College of Business Management, No.32, 19th Main, 17th-B Cross-, Sector-IV, HSR Layout, Bangalore, Karnataka

Course Curriculum of Master of International Business Course

Semester-I

• International Marketing Management
• Global Business Environment
• Executive & EXIM Correspondence
• Financial and Management Accounting
• Elective-I

Semester-II

• Business Research Methods
• Export-Import Finance
• Logistics Management
• Foreign Trade Procedure and Documentation
• Computer Applications: MS Office & Internet
• Elective-II

Semester-III

• Foreign Exchange Management
• India’s Foreign Trade and Legislation
• Strategic Management
• Computer Applications:  Tally                               -
• Practical-II
• Institutional Training
• Elective-III

Semester-IV

• International Business Relations
• International Economics
• Global Financial Management
• Project Work & Viva-Voce Or Principles and Practice of Insurance
• Industrial Law
• Elective-IV (candidate can opt with any group given)

Group-A

• Principles and Practice of Marketing Services
• Marketing of Financial Services
• Marketing of Health Services
• Travel and Hospitality Services

Group-B

• Financial Markets and Institutions
• Indian Stock Exchanges
• Futures and Options
• Fundamental and Technical Analysis

Group -C

• Principles of International Trade
• Export and Import Procedure
• Institutions Facilitating International Trade
• India’s International Trade

Text Books on Master of International Business Course

• Mastering Business Communication:  Wolcott and Urwin
• Assignment and thesis writing   :  Anderson
• Business Communication:  Raisher
• Export, what, where, how   :  Parasram
• Business correspondence & report writing:  R.C.Sharma & Krishna Mohan
• A handbook of business correspondence:  M.P.Bhatia
• How to Import: Nabhps Publication
• How to Export: Nabhps Publication
• Export Marketing: T. A. S. Balagopal
• A Guide on Export Policy Procedure and Documentation: M. L. Mahajan
• New Export-Import Policy: Nabhps Publication
• Management in Marketing: Lazo and Corbin
• Sales Administration Principles and Problems: Confield B.R
• Marketing: Test Cases and Readings: Hansen, Hery L
• Marketing Management: Analysis and Planning: Howard, John A
• Sales and Marketing Management in the Indian Contey: Johnson Lewis, K
• Modern Marketing Management & The Indian Contey : Davar R.S
• Marketing Management & the Indian Economy: Neelamegham S
• Sales Management: Maynard, HH and Nolan, H.C
• Marketing Handbook: Naystorm, Paul H
• Marketing Management: Phelps, D.M. and Westing, J.H
• Sales Management Decision, Policies and Cases: Still, R.R. and Cundiff, E.W
• Marketing a Managerial Introduction: J.C. Gandhi
• Introduction to Sales Management: Tosadal, H.R
• Marketing Management: S.A.Sherlekar
• Marketing Management: Philip Kotler
• Marketing management in a Developed Economy: P.K.Srivastave

Job and Career Opportunities after Master of International Business Course

Those who pursue MIB course from reputed educational institutions can find lot of career opportunities both in India as well as abroad. They can find openings in companies engaged in exporting goods such as automobiles, computers, consumer durables, and so on. Banking and financial sector is another possible employment area for candidates who are proficient with international business. They can also find opportunities in hospitality service sectors such as travel and tourism. Firms operating in Aviation, airlines, marine industry, etc are in great need of these professionals. Many international firms are also recruiting professionals who have good knowledge in international business

Remuneration after Master of International Business Course

Those who have completed the MIB course from any of the reputed business school can earn between Rs.5 to 12 lakh per annum at the entry-level. By gaining experience, the candidate, can expect good lucrative salary packages. A candidate with one year experience can expect salary in the range of Rs. 7 to Rs. 14 lakh per annum.